Senior Cost Accountant

Industrial Valve Sales and Service LLC•Prichard, AL

20d

About The Position

Industrial Valve Sales and Service (IVS), a proud subsidiary of The Industrial Service Group (ISG), is a trusted leader in the valve industry – specializing in the sale of new and surplus valves, comprehensive valve repair services, and turnkey packaged solutions. We support critical markets including chemical processing, pulp & paper, power generation, oil & gas, and industrial resellers. We are seeking a Senior Cost Accountant who brings strong technical accounting skills, deep understanding of WIP in an ASC 606 environment, and a passion for improving processes. This role is ideal for someone who thrives at the intersection of accounting, operations, and systems – and who enjoys fixing complex issues in how work flows through an ERP. Reporting to the Controller, the Senior Cost Accountant will take ownership of Work in Progress (WIP), job cost accuracy, inventory movement, and revenue/cost alignment within our ERP (NetSuite). You will serve as a key liaison between Accounting and Job Operations, ensuring that labor, materials, third-party costs, and miscellaneous job expenses flow accurately from WIP through to COGS at invoicing. This role is critical for maintaining financial accuracy in a high-volume service environment and for helping IVS modernize and streamline its job costing and WIP processes.

Requirements

4–7+ years of experience in cost accounting, job costing, inventory accounting, or project accounting in a service, repair, or manufacturing environment
Strong grasp of WIP accounting and revenue recognition for service-based work under ASC 606
Proficiency in job costing concepts including labor, materials, overhead, and cost flow through ERP systems
Advanced Excel skills (pivot tables, lookups, shortcut proficiency, etc.; Power Query, Power BI, utilization of BW and/or Spotlight is a plus)
Experience working cross-functionally in high-volume cost environments
Ability to investigate messy data, reconcile complex transactions, and diagnose root-cause issues
Process-improvement mindset – comfortable questioning current workflows and designing better ones
Experience with NetSuite (preferred) or other Oracle-based ERPs
Strong communication skills with the ability to translate accounting requirements to operational teams
Highly organized, detail-oriented, and proactive

Responsibilities

Monitor and reconcile WIP across all service jobs, ensuring accuracy and completeness of labor, materials, TOs, third-party costs, per diems, and job-related expenses.
Validate that job activity follows ASC 606 guidelines and aligns with revenue recognition policies.
Review timecards, materials issued, transfers, purchase orders, and credit card transactions for proper job allocation.
Identify and resolve WIP variances, cost misclassifications, and items stuck between WIP and COGS.
Ensure projects flow correctly through NetSuite, from job creation to closure and invoicing.
Troubleshoot and resolve issues causing inventory to remain in WIP instead of flushing to COGS – especially item mismatches related to generic vs. specific item codes.
Develop, enhance, and document processes for item integrity, transfer orders, and job-cost automation.
Partner with Distribution and Purchasing to streamline item setup, TO workflows, and material staging.
Work closely with Job Operations to ensure job activity is recorded timely, accurately, and consistently.
Coordinate with AP, Distribution, and Billing to resolve discrepancies in real time.
Serve as the bridge between operational teams and Accounting for all WIP-related questions and process improvements.
Build and maintain WIP dashboards, aging reports, and job-cost analyses from NetSuite or Excel.
Analyze trends in job profitability, material usage, and labor efficiency.
Recommend and implement improvements to WIP controls, job costing workflows, and ERP configuration.
Participate in automation and system enhancement projects, including custom scripts and process redesign.